Gujarat Credit Corporation Limited announced unaudited earnings results for the third quarter and nine months ended December 31, 2013. For the quarter, the company reported net sales of INR 0.00 compared to INR 0.00 for the same period a year ago. Loss from operations before other income, finance cost and exceptional items was INR 0.37 million compared to INR 0.332 million for the same period a year ago. Loss from ordinary activities before tax was INR 0.371 million compared to INR 0.333 million for the same period a year ago. Net loss was INR 0.371 million or INR 0.04 per basic and diluted share before and after extraordinary items compared to net loss of INR 0.333 million or INR 0.04 per basic and diluted share before and after extraordinary items for the same period a year ago.

For the nine months, the company reported net sales of INR 0.00 compared to INR 2.825 million for the same period a year ago. Profit from operations before other income, finance cost and exceptional items was INR 0.712 million compared to INR 1.714 million for the same period a year ago. Profit from ordinary activities before tax was INR 0.628 million compared to INR 1.608 million for the same period a year ago. Net loss was INR 0.106 million or INR 0.012 per basic and diluted share before and after extraordinary items compared to net profit of INR 1.608 million or INR 0.19 per basic and diluted share before and after extraordinary items for the same period a year ago.